Grab Holdings Limited · NASDAQ:GRAB
Grab — Merger or Acquisition (March 2026)
10 slides from Grab's merger presentation, Mar 23, 2026
Slide 1: Grab to acquire Delivery Hero's foodpanda delivery business in Taiwan
GRAB ACQUISITION OF FOODPANDA TAIWAN Grab to acquire Delivery Hero’s foodpanda delivery business in Taiwan 全台最大美食外送平 台 23 March 2026
Slide 2: Disclaimer: Non-IFRS Financial Measures
GRAB ACQUISITION OF FOODPANDA TAIWAN Disclaimer Non-IFRS Financial Measures This document includes references to Adjusted EBITDA, which is a non-IFRS financial measure. Grab uses Adjusted EBITDA for financial and operational decision-making and as a means to evaluate period-to-period comparisons, an
Slide 3: Disclaimer: Forward-Looking Statements
GRAB ACQUISITION OF FOODPANDA TAIWAN Disclaimer Forward-Looking Statements This document contains “forward-looking statementsˮ within the meaning of the “safe harborˮ provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact cont
Slide 4: Taiwan: A High-Value Market Adjacent to Southeast Asia
GRAB ACQUISITION OF FOODPANDA TAIWAN Taiwan: A High-Value Market Adjacent to Southeast Asia 3.6x higher urban density with household income second only to Singapore Maximizing order density Scaling basket sizes Capitalizing on the solo economy 3.6x higher urban density Second highest household incom
Slide 5: Expanding our Deliveries Addressable Market
GRAB ACQUISITION OF FOODPANDA TAIWAN Expanding our Deliveries Addressable Market foodpanda Taiwan generated $1.8B GMV1 across 21 cities in 2025 Taiwan Addressable Market $14.2B $1.8B $200B+ 1 Gross Merchandise Value Gross Merchandise Value SEA Consumer Foodservice SAM2 900+ 21 $40B+ Cities across So
Slide 6: The next phase of Grab's Deliveries Business
GRAB ACQUISITION OF FOODPANDA TAIWAN The next phase of Grab’s Deliveries Business Scaling Deliveries via strategic acquisitions and product innovation Acquired Uberʼs Launched Scaled Launched Saver, Launched Group To acquire SEA deliveries GrabMart during GrabExpress for Standard and Priority Orders
Slide 7: foodpanda has a strong reach in Taiwan
GRAB ACQUISITION OF FOODPANDA TAIWAN foodpanda has a strong reach in Taiwan Opportunity to extend strong Tier-2 presence into major cities foodpanda Taiwan Active User Reach % Total Food Delivery Active Users in Taiwan) 73% 72% 67% 67% 63% 58% Total New Taipei City Taipei City Taichung City Kaohsiu
Slide 8: Grab's Proven Track Record of Creating Marketplace Value
GRAB ACQUISITION OF FOODPANDA TAIWAN Grab’s Proven Track Record of Creating Marketplace Value Improving earnings for merchant- and driver-partners Enhancing earnings opportunities via ecosystem flywheel Grabʼs AI-powered digital tools and data insights Indexed, Q1 2021 100 ▉ Grab Driver Earnings P
Slide 9: Transaction Overview
GRAB ACQUISITION OF FOODPANDA TAIWAN Transaction Overview Transaction Summary ● Grab to acquire 100% of foodpanda Taiwan for $600M, on a cash-free and debt-free basis, subject to customary closing adjustments ● All cash transaction at a 0.33 2025 EV/GMV multiple ● Expected to close in H2 2026, subj
Slide 10: Q&A
GRAB ACQUISITION OF FOODPANDA TAIWAN Q&A 9 10